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PEC 0421D ECONOMICS FROM CHRISTIAN PERSPECTIVE SELF LEARNING 4 hrs/week Learning Outcomes On successful completion of the course

the students will be able to know the interaction between Economics and Christian Religion and the development of worldviews in religious communities. understand the teachings of Christianity on Economics and management of resources. interpret the relevant biblical texts and understand the perspective of Economics. formulate the principles of Christian Economics. COURSE CONTENT UNIT I: INTERACTIONS BETWEEN ECONOMICS AND RELIGIONS 1. Important concepts, theories and principles of economics from Capitlistic, Marxist, Socialistic and Gandhian perspective 2. Religions with written Scriptures and unwritten oral traditions and links with economics and creating world views for their religious communities. BOOKS/ARTICLES: J.Pathirappaly and TD Felix. ASSIGNMENT (1500 WORDS) any one of the following: 1. Compare and Contrast the basic concepts and principles of economics of Capitalism, Marxism, Socialism, Gandhism. 2. Explain how religions and economics interact and formulate worldviews with particular reference to one of the religions in India. Discuss how these worldviews help or hinder the economic progress and development. UNIT II: 1. 2. LAND: OWNERSHIP, DISTRIBUTION, AGRICULTURE AND PEASANTS Land in Capitalistic, Marxist, Gandhian and Socialist Economics Land ownership, distribution, agriculture, debts, mortgage and Jubilee in the Bible. READINGS: Text: Gen. 1-2; Lev. 25:1-29; Num. 26:51-56; 27:1-11; 36:1-6; Dt. 26:1-11; 19:14; 1 Kings 21:119; Prov. 22:28; Isa. 5:8-10; Micah 4L1-4; Matt. 6:25-34. BOOKS / ARTICLES: 1. 2. 3. A.R. Desai, Agrarian Movements and Peasant Struggles in India, Chris Wright, Gods People and Gods Land J.B. Jeyaraj, Siding with the Landless in Mission 2000, and Jubilee and Society in LDC Golden Jubilee Souvenir, 1998. ASSIGNMENT (1500 WORDS) any one of the following: 1. Compare and contrast the basic ideas of Capitalism, Marxism, Socialism and Gandhism on land ownership, distribution, agriculture and peasants struggle. 2. Explain the economics of land ownership, distribution, agriculture and peasant struggles in the Christian Scripture. LABOUR: DIVISION OF LABOUR, SLAVERY, WAGES, LAWS OF LABOUR 1. Labour, Service, Wages, Relationship between the employer and employee in Economics 2. Division of Labour, Kinds of Labour, Wages, Labour Laws in the Bible. READINGS: Text: Gen. 2:15; Ex. 1-3; 21:1-20; Dt. 15:12-18; 21:10-14; Mt. 9:35-37; Prov. 22:29; Matt. 21:3241; 24:45-51; Romans 13:1-7; Philemon 1:8-16; 2Thes. 3:6; James 2:14-25; Eph. 6:5-9; Dt. 21:1014. BOOKS / ARTICLES:

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Bryant Myers, Walking with the poor: Transformative Development . Orbit Books, New York, 1999.

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Ken Gnanakkan, Kingdom Concerns, TBT Journal, Banglore Bas Wielenga, Biblical Concept of Labour, TTS, Madurai. Jayaraj J.B., Jubliee and Society, Lady Doak College, Golden Jubliee Souvenir. ASSIGNMENT (1500 WORDS) any one of the following:

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Compare and Contrast the understanding of labour in Economics Discuss the biblical understanding of labour and their rights.

CAPITAL: PROFIT, WEALTH, TAXES, DEBT 1. Capital, Business, wealth, poverty and debts in Economics 2. Money, wealth, poverty, debts and justice in Christian Scripture READINGS: Text: Ex. 22:7-8; Dt. 15:1-11; Prov. 22:22; 29:10-13; Matt. 17:24-27; 22:15-22; 25:14-30; 1.Tim. 6:17-19; James 1:9-11; 5:1-6; 2 Cor. 8.

BOOK/ARTICLES: 1. John Mohan Razu, Globalisation as victimization: A critique in the light of the Jubilee Motif The case of India, Bible speaks Today (ed. D.J. Muthuanayagam), Bangalore, UTC, 2000. 2. James David, The Backlash against Globalisation, Dimensions of Globalisaion., pp. 35-38, (eds. James David and John Desrochers), Bangalore :CSA, 1991. 3. Varghese George, The Politics of Globalisation, Dimensions of Globalisation, pp. 47-49. ASSIGNMENT (1500 WORDS) any one of the following: 1. Compare and contrast the understanding of capital in Economics. 2. Discuss the understanding of money, wealth and poverty in Christianity. UNIT III: KINGDOM VALUES, SHARING OF RESOURCES AND WELFARE 1. Values of welfare in the understanding of Capitalism, Marxism, Socialism and Gandhism. 2. Values of Welfare in Christian Scripture. READINGS: Text: Gen. 1:26-28; Isa. 11:1-9; Matt. 5:19-21; 13:1-53; 6:1-4.; 2 Cor. 8 BOOKS/ARTICLES: 1. Gandhi, M.K., Satyagraha in South Africa, Ahmedabad, NPH, 1995. 2. Gandhi, M.K., Hind Swaraj, Ahmedabad, NPH, 1995. 3. Thanzura, Thelogy of Development, ATC, Bangalore, 2001. ASSIGNMENT (1500 WORDS) any one of the following: 1. 2. Explain the values of welfare in different economics What is the Kingdom of God? What are the values of Kingdom of God? How these values will be established in society? UNIT IV: STEWARDSHIP, RESOURCE MANAGEMENT AND DEVELOPMENT 1. Resource Management Objectives, goals and results in different economics 2. Resource management as Stewardship and for Development in the Christian perspective. READINGS: Text: Gen. 1:28; 2:15; 41:37-57; Ex. 23:10-13; 23:6-9; Dt. 19:14; Prov. 29:14-16; 31:10-31; Dan. 6:1-5; Amos. 2:6-8; 5:24; Micah 4 :1-5; Matt.5:40; 6:24; 12:1-8; Rom. 15:26; 2 Cor. 9:13; Heb. 13:16. BOOKS/ ARTICLES: 1. 2. 3. Chris Wright, Family and Land, UK Arputhamoorthy, J.E. M., Environmental Economics, TBT Journal , Bangalore. Bryant Myers, Walking with the poor Transformative Development , Orbit Books, New York, 1999.

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Abraham, K.C., Development: Theological and Ethical Reflections, BTF, UTC, Vol.30, Sept- Dec. 1998. pp. 16-23.

ASSIGNMENT (1500 WORDS) - any one of the following: 1. 2. Explain the understanding of resource management in different economics Discuss the biblical understanding of resource management for economic development.

UNIT V: INTERACTIONS BETWEEN ECONOMICS AND CHRISTIANITY 1. Identifying the commonalities and differences between the teachings of Economics and Christianity. 2. Deriving and formulating Christian Economics out of the study. ASSIGNMENT (1500 WORDS) - any one of the following: 1. Write briefly the principles and practices of Christian Economics out of your study of this course and explain how this economics can contribute for egalitarian society and economic development. BIBLIOGRAPHY Primary Sources: Writings of the Economists like Adam Smith, Freud, Karl Marx, Gandhi. Christian Scripture the Bible. Secondary Source: Samuelson Principles of Economics REFERENCES: Scholars writings on the Economists and their theories Dictionaries of Economics Biblical Commentaries Biblical Dictionaries

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